From Yahoo Finance: 2025-05-04 05:38:00

The past trading week saw a generally optimistic market environment with a temporary pause in tariffs. The Nasdaq rallied the most, up 3.4%, followed by the Dow Jones at 3%, and the S&P 500 at 2.9%. Ten mid-cap companies stood out, with gains as high as 48%, driven by better-than-expected earnings. Pony AI Inc. (NASDAQ:PONY) saw its share prices surge by 48.3% due to strong performance and news of entering the robotaxi industry. The company plans to release its earnings results on May 20, 2025. CEO James Peng mentioned talks with Tencent Cloud to offer robotaxi services. PONY ranks 1st on the list of top-performing firms last week.



Read more at Yahoo Finance: Why Pony AI Inc. (PONY) Soared Last Week